NOT LISTED FOR SALE

1250 Willis Ave Petoskey, MI 49770

Estimated Value: $356,000 - $436,871

3 Beds
3 Baths
2,592 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2021

Last sale price $265,000 $102 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,428 / mo

31 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • Forced Air Heating System
  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room

About This Home

As of October 2021

Willis Avenue is on the southern edge of the Petoskey city limits, which provides you close proximity to everything you may need. Walking distance to schools, healthcare, and Petoskey's famed Gaslight District via the Bear River walkway. Boasting over 2,500sqft of living space, this home provides ample room for friends and family alike. Cozy up next to the wood burning fireplace on those cold winter days and then enjoy the summer sun on your back deck in the warmer months. The finished basement provides additional storage for all those overflow items. Northern Michigan is a special place and this could be your opportunity to enjoy it! This large yard is a bonus not often seen in the Petoskey city limits!

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 09/10/2021

Last Buyer's Agent

Pete Platte

Gaslight Group Properties Listed on: 09/10/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.52

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-07-201-098

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0.52 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1999
  • Lvt Date: 09/13/2021
  • Measurement Source: Owner
  • Section: 7
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Features: Cable, Deck, Dishwasher, Range, Refrigerator, Wood Fireplace
  • Total Finished Sq Ft: 2592
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Block, Walkout, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1296
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Lower
  • Windows: Vinyl

Exterior Features

  • Construction: Man.-HUD-Steel Fr. & Titl
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Electric

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-07-201-098

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 19, 2021
Sold by
Anderson Colin M
Bought by
Clark Karmen and Hoffmann Mitchell
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$254,900
Sold Price
$265,000
Premium/Discount to List
$10,100
3.96%
Current Estimated Value
$389,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,718
Avg. Annual Appreciation
8.95%
Original Mortgage
$250,000
Outstanding Balance
$228,241
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$161,477

Purchase Details

Listed on
May 28, 2019
Closed on
Aug 5, 2019
Sold by
Malleis Michael
Bought by
Anderson Colin M and Gilmour Jody E
Seller's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.25%
Original Mortgage
$186,558
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 17, 2012
Closed on
Mar 5, 2013
Sold by
Secretary Of Housing And Urban Developme
Bought by
Malleis Michael
Seller's Agent
Jack Douglas
Berkshire Hathaway HomeServices-Cheboygan
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.34%
Original Mortgage
$49,300
Interest Rate
2.72%

Purchase Details

Closed on
Nov 18, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Mar 11, 2010
Sold by
Watts Tl
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jan 6, 2006
Bought by
Nelson Ronald and Moody-Becker Janet

Purchase Details

Closed on
Feb 22, 2005
Sold by
Becker Janet Moody and Nelson Ronald
Bought by
Newme Corporation

Purchase Details

Closed on
Sep 2, 2003
Sold by
Olsen Keith and Olsen Kelly
Bought by
Becker Janet Moody and Nelson Ronald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Clark Karmen $265,000 --
Anderson Colin M -- --
Malleis Michael $58,000 --
The Secretary Of Housing And Urban Devel -- --
Bac Home Loans Servicing Lp $181,852 --
Nelson Ronald -- --
Newme Corporation $24,000 --
Becker Janet Moody $27,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Karmen $250,000
Previous Owner Anderson Colin M $186,558
Previous Owner Malleis Michael $49,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2021 10/19/21 Sold $265,000 +4.0% $102 / Sq Ft
09/10/2021 09/10/21 For Sale $254,900 +34.2% $98 / Sq Ft
08/05/2019 08/05/19 Sold $190,000 -5.0% $73 / Sq Ft View Prior Sale
05/28/2019 05/28/19 For Sale $199,900 +244.7% $77 / Sq Ft
03/08/2013 03/08/13 Sold $58,000 -- $18 / Sq Ft View Prior Sale
12/22/2012 12/22/12 Pending -- -- --
Source: Northern Michigan MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,514 $178,900 $178,900 $0
2024 $43 $168,300 $168,300 $0
2023 $4,140 $127,000 $127,000 $0
2022 $4,140 $118,700 $118,700 $0
2021 $1,595 $45,500 $45,500 $0
2020 $1,635 $45,500 $45,500 $0
2019 -- $44,500 $44,500 $0
2018 -- $47,600 $47,600 $0
2017 -- $47,200 $47,200 $0
2016 -- $47,000 $47,000 $0
2015 -- $40,800 $0 $0
2014 -- $40,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Platte

    Seller's Agent in 2021

    Pete Platte

    Gaslight Group Properties

    (231) 838-0935

    51 in this area

    99 Total Sales

    Pete Platte
    Section Image
  • Trish Hartwick

    Seller's Agent in 2019

    Trish Hartwick

    Coldwell Banker Schmidt - Petoskey

    (231) 838-0411

    73 in this area

    288 Total Sales

    Trish Hartwick
    Section Image
  • Jack Douglas

    Seller's Agent in 2013

    Jack Douglas

    Berkshire Hathaway HomeServices-Cheboygan

    (231) 290-2951

    50 Total Sales

    Jack Douglas
    Section Image

  • N

    Buyer's Agent in 2013

    NON-MEMBER MLS

    MLS NON-MEMBER

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Map

Source: Northern Michigan MLS

MLS Number: 466455

Northern Michigan MLS

APN: 52-19-07-201-098

Michigan Emmet County Petoskey 49770

1250 Willis Ave, Petoskey, MI

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